Inland Marine Business Development Underwriting Director

Starr Underwriting; United States; Hybrid; USD 106,000 - 169,000; Full time

Job summary

A leading company in the insurance industry seeks an Inland Marine Underwriter to join their team. This role requires advanced knowledge of Inland Marine insurance, with responsibilities including reviewing underwriting files and determining premium levels. Candidates should have significant experience and a degree in a related field. A hybrid work model is offered, with various employee benefits, including generous PTO and 401(k) matching.

Benefits

26 PTO Days + 12 Company Holidays

7% 401(k) Company Match

Hybrid work environment

Training and development opportunities

Healthcare and Wellness Programs

Educational Assistance Program

Mentorship Program

Dress for Your Day Policy

Qualifications

• 12+ years of related experience or equivalent in Inland Marine Underwriting.
• Advanced knowledge of Inland Marine insurance is required.
• Strong math aptitude and exceptional verbal and written communication skills.

Responsibilities

• Review and analyze underwriting files to accept new business or renewals.
• Determine account premium levels using established modification plans.
• Provide guidance and mentorship for project work.

Skills

Analytical Skills

Problem Solving

Communication

Risk Analysis

Education

Bachelors’ degree in Risk Management, Finance, Mathematics, Business or related

Tools

Inland Marine Rating Methodology

Cat Modeling Tools

Job description

The Inland Marine Business Unit within IAT has an immediate opening for an Inland Marine Underwriter. We will consider remote work for the ideal candidate. Prefer candidates in the Central and Mountain Time zones with experience with Inland Marine rating methodology and cat modeling tools in a production environment.

This role will work a hybrid schedule from an IAT location. The hybrid schedule reflects our values (thinking and acting like an owner, collaboration, and teamwork) as it requires working from the office with colleagues and other disciplines Monday through Wednesday, with the option of working remotely on Thursday and Friday. For the right candidate, remote will be considered.
The internal title for this role is Underwriting Director.
. .
Responsibilities:

• Review and analyze underwriting files, using judgment and experience as primary criteria, to accept new business or continue renewals within the established authority level.
• Review and analyze all documents within or associated with the underwriting file to establish accuracy in identifying and minimizing exposure risk, utilizing change requests, claim information, loss control, and outside databases to identify changes in exposure to risk.
• Review, evaluate, and determine account premium levels using sound judgment consistent with established company premium modification plans within authority limits.
• Read, evaluate, and interpret contracts and policies to determine exposures, providing guidance and clarification to others consistent with experience.
• Works on significant and unique issues that impact entire book of business. Provides guidance and mentorship for project work.
• Lead and champion BU specific and enterprise wide project initiatives.
• Perform other tasks as needed.

Qualifications:

• Bachelors’ degree in Risk Management, Finance, Mathematics, Business or related with at least 12 years of related experience or equivalent (Inland Marine highly preferred).
• Equivalent is defined as 16 years of relevant Inland Marine Underwriting experience.
• Advanced knowledge of Inland Marine insurance required.
• Ability to analyze risk across a broad spectrum of industries.
• Strong problem solving, reasoning and decision-making skills.
• Excellent verbal and written communication skills.
• Understanding of Inland Marine rating methodology and cat modeling tools.
• Familiarity with continuous improvement processes and tools.
• Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills.
• To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.

Preferred to Have:

• CPCU, ARM, or AU industry designations preferred.
• INS21, 22 and 23 or equivalent is a plus.

Our Culture
IAT is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.
At IAT, we’re committed to driving and building an open and supportive culture for all. Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.

We offer comprehensive benefits like:

• 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
• 7% 401(k) Company Match and additional Profit Sharing
• Hybrid work environment
• Numerous training and development opportunities to assist you in furthering your career
• Healthcare and Wellness Programs
• Opportunity to earn performance-based bonuses
• College Loan Assistance Support Plan
• Educational Assistance Program
• Mentorship Program
• Dress for Your Day Policy

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.

Compensation:
Please note, that the annual gross salary range associated with this posting is $106,400 – $168,100. This range represents the anticipated low and high end of the base salary for this position. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.

To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits

IAT Recruiter:
Steve Morley | Senior Recruiter
[e-mail]
www.linkedin.com/in/stevemorley916